The latest jobs data, sourced from the Carlyle Group‘s proprietary reporting, shows hiring nearly ground to a halt in September — recording the weakest jobs report since the immediate aftermath of the 2020 recession.
With the federal government on shutdown and official Bureau of Labor Statistics figures unavailable, Carlyle Group stepped in to provide an alternative snapshot.
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The data revealed only 17,000 jobs were created in September, which is dramatically lower than the 54,000 predicted by economists, according to Reuters.
The September jobs data also comes in behind the already disappointing 22,000 jobs added in August.
Jobs Report Details
The …